Japan was hit by its biggest economic contraction on record in the second quarter as the coronavirus pandemic crushed consumption and exports.
Indians are returning to one of their oldest assets amid a raging pandemic that was preceded by a banking crisis.
The eurozone suffered its greatest contraction on record, exceeding the US economy’s record plunge.
These days fever of news on Iran-China 25-Year Strategic Agreement has gripped the local and world media outlets and its supporters and opponents have written articles and expressed their opinions on it.
Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus.
The eurozone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European Commission forecast on Tuesday.
Japan's household spending fell at the fastest pace on record in May as consumers heeded authorities' calls to stay home to contain the coronavirus pandemic.
Russia is not in talks with Washington about its potential role at an expanded Group of Seven summits later this year, Deputy Foreign Minister Sergei Ryabkov said on Saturday, insisting that China should also be included in the event.
President Hassan Rouhani highlighted Iran’s major progress in the water treatment and energy sector.
The Iranian stock market on Tuesday made its biggest single-day gain in a half-century, rising nearly 65,000 points and breaking the threshold level of 1.5 million points.